A Cleaning Company Uses $20 of Chemicals, $40 of Labour

question 29

Multiple Choice

A cleaning company uses $20 of chemicals, $40 of labour, and $5 of misc. expenses for each house it cleans. After some quality complaints, the company has decided to increase its use of chemicals by 50%. By what % has multifactor productivity fallen?

• A) 0%
• B) 13.3%
• C) 25%
• D) 50%
• E) 0.83%

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Definitions:

Economic Duress

involves the use of unlawful economic pressure to compel a party to act against their will in entering into a contract, impacting the agreement's voluntariness.

Coercive Acts

Laws or measures taken to force someone to comply with certain rules or regulations, often seen in historical contexts like the British legislation before the American Revolution.

Involuntarily Accepted

Accepted or agreed upon without the recipient's willingness or consent.

Scienter Requirement

A legal term referring to the knowledge on the part of a person that an act is wrong or that a material fact has been concealed.